Title: Micromobility Market - Forecast (2023 - 2028) (1)
1Micromobility Market Forecast (2023 - 2028)
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- The Micromobility market size is estimated to
reach 54.1 Billion by 2027, growing at a CAGR of
13.5 during the forecast period 2022-2027,
attributed to increased urban traffic congestion
as well as lack of parking spaces, rising fuel
prices and sustainability concerns, increasing
shift towards electric scooters and electric
skateboards and so on. - Growing trend towards smart cities and
development of advanced vehicle infrastructure
has created an ideal opportunity environment for
the adoption of Micro mobility vehicles.
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- Key Takeaways
- Electric bicycle segment dominated the global
Micromobility market in 2021, owing to the
increasing use of electric bicycles for personal
transportation workout, technological
advancements in the development of bicycle
components and so on. - Personal/Private segment in Micromobility market
is analyzed to grow with the highest CAGR during
2022-2027, owing to increasing use of electric
bikes to reduce cardiac exertion in patients with
coronary problems, growing utilization of
E-Mopeds electric bicycles to reduce
obesity and so on.
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- By Distribution Channel- Segment Analysis
- Factors such as the increasing use of electric
bicycles for transportation, workout and
recreational activities, technological
advancements in the development of bicycle
components like rechargeable batteries,
lightweight motors and so on. - In May 2022, the Delhi government launched a Rs
5,500 subsidy for the first 10,000 e-bikes sold
in the city. Under the Delhi Electric Vehicle
Policy, the first 1,000 buyers of passenger
e-cycles will receive a Rs 2,000 subsidy.
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- Micromobility Market
- Yadea Technology Group Co., Ltd.
- Bird Rides, Inc.
- Helviz Inc.
- SEGWAY INC.
- Swagtron
- EMotorad (EM)
- Yulu Bikes
- YAMAHA MOTOR CO., LTD.
- Merida Industry Co. Ltd
- NAVEE Tech
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omobility-market.html
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- Analyst Briefing
- Data Tables
- Key Contacts
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19315
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